M&A hits €8.5bn in CEE in Q1, says Mergermarket

bne IntelliNews April 16, 2021

Trend towards bigger deals and more fund investment continues, as deal value rises by half to give best Q1 since 2013.

Poland’s government-controlled top court tells independent ombudsman to go

Wojciech Kosc in Warsaw April 16, 2021

Holder of one of last remaining independent state institutions set to be replaced by government appointee as parliament cannot agree on a replacement.

wiiw raises 2021 CEE growth forecast to 3.8%

Robert Anderson in Prague April 16, 2021

But pandemic has delayed restart of convergence with Western Europe until 2023.

Poland deploys troops close to Belarusian border in response to crackdown on Polish minority

bne IntelliNews April 13, 2021

Poland is deploying troops to a new camp close to the Belarusian border that will inflame already poor relations as President Alexander Lukashenko cracks down on the Polish minority.

Poland’s ombudsman holds up PKN Orlen’s takeover of publisher Polska Press

Wojciech Kosc in Warsaw April 13, 2021

Court to examine whether state-owned refiner's takeover of media group could restrict press freedom.

Poland records 954 coronavirus daily deaths, a new all-time high

Wojciech Kosc in Warsaw April 9, 2021

Government under fire for not restricting movement over Easter despite spike in infections last month.

Eurosceptic rightwing trio discuss EP alliance at Budapest summit

bne IntelliNews April 5, 2021

Hungarian Prime Minister Viktor Orban, Polish premier Mateus Morawiecki and former Italian interior minister Matteo Salvini fail to achieve breakthrough at first meeting.

CEE reels as third wave of COVID-19 breaks

bne IntelliNews April 3, 2021

A third wave of the coronavirus pandemic is sweeping through Emerging Europe. While Russia is expecting to reach herd immunity in the next two months, most other countries of the region have only just started their mass immunisation programmes.

IKEA’s New Europe Empire

bne IntelliNews April 3, 2021

Getting an IKEA store is a good guide to how developed a country is. And the Swedish furniture store has an uncanny knack for opening their yellow and blue stores exactly at the beginning of a country's rapid growth phase.

Chaos in Poland after government opens, then shuts down vaccinations for 40-year-olds

Wojciech Kosc in Warsaw April 1, 2021

Government first tries to claim move was planned, but then finally admits that it had allowed younger people to jump the vaccination queue by mistake.

Poland’s CPI surprises with jump of 3.2% y/y in March, flash estimate shows

Wojciech Kosc in Warsaw April 1, 2021

Earlier speculation of a rate cut is all but gone now in the context of what appears an incoming period of fast growth of the CPI.

Polish writer faces prison for calling President Duda a 'moron'

Wojciech Kosc in Warsaw March 23, 2021

Prosecutors use contentious law on insulting the president to punish writer who ridiculed Duda's comments on US election.

Polish retail sales ease y/y decline in February after malls reopen

Wojciech Kosc in Warsaw March 22, 2021

Retail is in for more problems as a new lockdown is expected to last until April 9 at least.

MITTELEUROPEAN INSIGHTS: Central and Southeastern Europe head for a V-shaped recovery

Gunter Deuber and Nicolae Covrig of Raiffeisen Research in Vienna and Bucharest March 19, 2021

The moderate GDP setbacks in 2020 imply that for some CEE countries there will not be such drastic recovery and rebound effects in 2021 as in hard-hit countries in Western Europe.

Polish industrial production growth rises to 2.7% y/y in February

Wojciech Kosc in Warsaw March 18, 2021

The expansion was below market consensus, which expected growth of 4.5% y/y.

Rising inflation in Emerging Europe poses dilemma for central banks

bne IntelliNews March 17, 2021

With economies primed to rebound as pandemic restrictions are loosened, consumer prices could rise even further, reawakening an issue that has long been ignored.

Poland’s core inflation eases to 3.7% y/y in February

Wojciech Kosc in Warsaw March 17, 2021

The lower reading of the core index all but affirms that a period of stability in Poland’s monetary policy is ahead.

Poland’s CPI growth eases to 2.4% y/y in February

bne IntelliNews March 16, 2021

Inflation likely reached bottom in February and is now expected to climb up towards the upper range of the central bank’s deviation band.

ING: Red hot enthusiasm for copper

Wenyu Yao is the Senior Commodities Strategist with ING in London March 10, 2021

Copper prices are approaching their all-time high as investors flood into the market for the red/green metal.

The female voice of change

Clare Nuttall in Glasgow March 8, 2021

Emerging Europe has a growing number of female politicians taking a stand against corruption and authoritarianism.